Britain's Prudential is buying American International Group's Asia operations for $35.5 billion in cash and shares in a deal that will make it the leading insurer in Southeast Asia and let the US insurer pay back a sizeable chunk of ...
But since the announcement, Prudential's stock has fallen by about 20% partly because of the fund-raising needed to buy AIA. The Guardian talks to investors who are raising concerns about the stock sell-off. ...
At least two analysts cut Prudential's stock rating in London on fears of the rights issue diluting Prudential's stock. ?No one knows exactly what AIA contains or how profitable it is, or how it overlaps with Pru's existing businesses,? ...